50bp will heel the current market condition(s) and 75bp will temp rally markets until 4Q earning(s) to save the markets for any downturn.
Wednesday, January 16, 2008
Are Markets Oversold ? & Expecting Bounce !!!
Markets are in oversold after today's last hour sell off ,And expecting ahead of Fed's surprise rate cuts ( i.e govt free give away money). Is it 50 or 75 bp?
50bp will heel the current market condition(s) and 75bp will temp rally markets until 4Q earning(s) to save the markets for any downturn.
50bp will heel the current market condition(s) and 75bp will temp rally markets until 4Q earning(s) to save the markets for any downturn.
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